My 40 year old son, Mark, died August 13, 2010.He did not leave a will.In one life insurance policy wriiten in 2002 he wrote my wife and me as 1.)primary beneficiariey, and 2.) "Executor of Estate, Parents" David Welch and Sue Welch. This policy is not in force at the time of his death, but, a group insurance policy is in force with no beneficiariey named was in force the day he died.. Does this Executor of Estate, Parents, David Welch and Sue Welch. Mark wrote create us as executors of subsequent insurance policiey, allowing us to claim the insurance as his executors? Mark does have one 12 year old daughter., and no other possible beneficiarieys?
Optional Information: State/Country relating to question: Texas
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Hello,The life insurance policy of 2002 has no legal force or effect on your ability to be named executor. That said, you would have first priority to be named as executor since Mark did not have a spouse at the time of his death.If you would like additional details concerning my answer, please click REPLY and I will be happy to respond. Do not click relist as it will delay my response. Otherwise please click ACCEPT so that I receive credit for my work
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With me , us, my wife and I being the first priority, what do we do to get an create an estate, where to we go?
Can you tell me the value of Mark's entire estate